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Determine the lot sizing technique that has the minimum cost given the following gross requirements for 6 weeks. There are 10 units on hand, ordering cost is Php150.00 per order, and inventory cost is Php5.00 per unit per week. Need answer asap. Please include the solution/computation. Thank you

Determine the lot sizing technique that has the minimum cost given the following gross requirements for 6 weeks. There are 10 units on hand, ordering cost is Php150.00 per order, and inventory cost is Php5.00 per unit per week. Need answer asap. Please include the solution/computation. Thank you

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Determine the lot sizing technique that has the minimum cost given the
following gross requirements for 6 weeks. There are 10 units on hand, ordering cost is
Php150.00 per order, and inventory cost is Php5.00 per unit per week.

Need answer asap. Please include the solution/computation. Thank you

Week Gross requirement 1 2 25 20 35 15 4 30 5 0 6 20
Transcribed Image Text:Week Gross requirement 1 2 25 20 35 15 4 30 5 0 6 20
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